Friday, April 26, 2013

Air Travel: What's Hot Now: Types of Airfares

Air Travel: What's Hot Now
These articles that had the largest increase in popularity over the last week // via fulltextrssfeed.com
Types of Airfares
Apr 26th 2013, 11:01

With airline tickets every person on a flight may have paid a different price to fly. The airlines have a seemingly secretive formula to constructing airfares. Knowing types of airfares and how they apply may not mean that airfares make sense, but you can make sense of them.

1. What is a Fare?

Airfares are most often based on one-way or round-trip travel. Fares may be published, unpublished and/or negotiated fares (corporations, or government agencies/organizations may have fares negotiated with an airline at a lower rate). Unpublished fares are also known as consolidated fares and are offered by consolidators and bucket shops.

2. Published Versus Unpublished Fares

A published fare is one that is available for purchase by anyone. An unpublished fare works a bit differently.

3. The ABCs of Airfares

When booking a ticket, regardless of whether it is using a published or unpublished fare, there are letters that are assigned to different fares. These letters indicate the class of service, not simply indicating economy or business class, but rather the type of fare that was purchased.

4. Types of Published Airfares

Explanations for the different types of airfares such as APEX and full fares.

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